can shares be transfered as GIFT?

i have a query:

IF Mr A WANTS TO TRANSFER SHARES TO HIS SON CAN HE TRANSFER IT AS A WAY OF GIFT??

CAN TRANSFER OF SHARES IN KIND ALLOWED??

ITS URGENT

Replies (14)

yes anything can be transferred as gift.

shares are almost readily convertible to money and is like any currency and can be transferrable as gift.

Pinkush, though shares can be transferred as gift, but mind it that while selling it to third party.., cost of shares will be taken cost to the previous owner, i.e the person who gifted them

As per Income tax Act, 1961, in case of Gift, the cost of capital would be considered the cost of privious owner. and as per co. law no needs to ascertain the cost of capital.

Yes they can be gifted... And as far as they are gifted to relatives, the transaction of gift is not taxable.. If they are gifted to person other than relative, it's taxable after 1st Oct., 2009

yes he can./././  not only share, you can tarnsfer any thing as gift

yes it can be transfer as gift

Yes, Share can be transfer as gift,

 Yes the same can be transfered as Gift.

yes agree with dhiraj

THANKS A LOT FOR YOUR REPLIES DO WE HAVE TO PASS RESOLUTION FOR THIS OR NE OTHER FORMALITIES

Shares can be transferred as gift. But there is an exception to this theat shares transferred should not be sweat equity shares.. as it will be regarded as transfer u/s 45 of IT Act.

hi, sure, but can a company gift shares?

If the person wants to transfer the shares to his son through Gift Method, the same should be gifted by the way oF GIFT DEED ; and on a Rs. 100/- or Rs. 300/- stamp paper.

 

Yes Shares can gifted their no income tax on such tranfer.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details